Money Business

Best Unit Trusts of 2009

Improved investor sentiment came through in the last quarter of 2009, seen in the strong performance of some FTSE/JSE indices and unit trust returns, said Plexus Asset Management on Thursday. In the quarter to December 31, resources stole the show, with the Resources Index up 16.7% on a total return basis. Plexus said this was [...]

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Absa Money Market Fund Investments

The Absa Money Market Fund carries a maximum weighted term to maturity of 90 days and does not allow one single investment’s term of maturity to exceed the period of one year. A1 rated institutions are used as the funds short-term investment instruments. The main objective of the Absa Money Market Fund is maximise income [...]

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